Grandeur Peak Global Advisors LLC Takes $2.79 Million Position in iShares Russell 2000 ETF $IWM

Grandeur Peak Global Advisors LLC purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,286 shares of the exchange traded fund’s stock, valued at approximately $2,790,000.

Several other institutional investors have also recently bought and sold shares of IWM. Acumen Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at $27,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares Russell 2000 ETF during the third quarter valued at $28,000. Osbon Capital Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at $31,000. Tucker Asset Management LLC bought a new position in iShares Russell 2000 ETF in the fourth quarter valued at about $32,000. Finally, Tower View Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the first quarter valued at about $32,000.

iShares Russell 2000 ETF Stock Up 0.3%

Shares of IWM stock opened at $299.81 on Friday. The firm has a market cap of $82.52 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 12 month low of $228.90 and a 12 month high of $305.18. The stock has a 50-day moving average price of $297.35 and a 200 day moving average price of $279.18.

iShares Russell 2000 ETF Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.